Government of Dubai Joins Hands With Ethica Institute of Islamic Finance

DUBAI, UAE, October 3, 2011 /PRNewswire/ --

Ethica's Islamic finance e-learning platform helps Dubai extend its global reach in training and certification.

The Government of Dubai today announced that it is partnering with e-learning and certification specialist Ethica Institute of Islamic Finance. Ethica is the leading Islamic finance training institute in the world, with over 20,000 paid users in more than 40 countries and 100 institutions in 2011, more than any other Islamic finance institute in the industry. The announcement further strengthens Dubai's position as the world's premier Islamic finance hub, and with Ethica's leadership in online training, Dubai goes truly global.

Central to the Dubai-Ethica collaboration is an ongoing series of high-level trade delegations. The Government invites Ethica to Indonesia next month to meet with banking and regulatory officials and previously invited the institute to France, Germany, Brazil, Argentina, and Australia. By promoting online training and certification, Dubai helps these untapped Islamic finance markets access the same level of accredited training readily available to bankers in the Gulf. Ethica is the only online institute in the world to offer training accredited by top scholars and institutions and fully compliant to AAOIFI, the industry's leading Islamic finance standard.

Moin Anwar, Director at Dubai Exports said, "Ethica brings a global brand with proven industry credentials. They are the only ones in the market that banks hire to train thousands of employees - 100% online. That is precisely what we need to meet the needs of our international trade partners."

Ethica's Managing Director, Atif Khan said, "E-learning works. Our experience delivering online training to banks in the Gulf shows that in today's market, e-learning is the preferred choice among the younger generation of bankers. The challenge, however, is to make this e-learning exciting. At Ethica we devote ourselves to meeting this challenge."

About Ethica Institute of Islamic Finance: More professionals and students choose Ethica (http://www.EthicaInstitute.com) for Islamic finance training and certification than any other organization in the world. With over 20,000 paid users in more than 40 countries in 2011, the Dubai-based institute is accredited by leading scholars and institutions and serves banks, universities, and professionals across over 100 organizations.

About Dubai Exports: The Dubai Export Development Corporation (DEDC) provides exporters with the services required to enter or expand into foreign markets. The DEDC also undertakes an advocacy role for exporters in their relations with government and other relevant agencies through the formation of long-term and mutually beneficial partnerships.

For more information about this article, or to schedule an interview with Ethica Institute of Islamic Finance, please call Sameer Hasan at +971-4-311-6724 or e-mail at info@ethicainstitute.com.